Monitoring the right metrics and KPIs is almost second nature to the world’s most successful insurance organizations. The secret to their success is a blend of offering the right product, having the right people selling that product, and managing the risks associated with running an insurance organization. In many respects, insurance metrics and KPIs are similar to other organizations, such as a sales organization, with the important exception that insurers need to strike a balance between short-term rewards and long-term risks.
That’s why putting insurance metrics and KPIs where they are always accessible and actionable is so important. In fact, access to that information can be the difference between success and failure for an insurance organization. With a web and mobile dashboard, insurance organizations can track, monitor, and act on the metrics that drive their business forward avoiding unnecessary risks along the way to financial success.
To help get you started monitoring this data, we’ve put together a list of the top 10 insurance metrics our customers use. [Read more…]